Description
3 crore equity shares of Ramchandra Leasing & Finance Limited issued on preferential basis to promoters listed and permitted to trade with effect from November 24, 2025.
Summary
BSE has approved the listing of 3,00,00,000 equity shares of Re. 1/- each of Ramchandra Leasing & Finance Limited (Scrip Code: 538540) issued on preferential basis to promoters. The shares will be available for trading from Monday, November 24, 2025, and are subject to a lock-in period until June 30, 2027.
Key Points
- 3 crore equity shares of Re. 1/- each issued at a premium of Rs. 1.26/- per share
- Total issue price: Rs. 2.26 per share
- Shares issued to promoters on preferential basis
- Date of allotment: September 2, 2025
- Distinctive numbers: 51162001 to 81162000
- ISIN: INE516P01015
- Shares rank pari-passu with existing equity shares
- Trading commences: November 24, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities listing. No specific compliance actions required from members.
Important Dates
- Date of Allotment: September 2, 2025
- Trading Commencement: November 24, 2025
- Lock-in Expiry: June 30, 2027 (for all 3 crore shares)
Impact Assessment
Limited immediate market impact as all 3 crore preferentially allotted shares are subject to a lock-in period until June 30, 2027. These shares cannot be traded until the lock-in expires. The issuance to promoters on preferential basis is a routine corporate action that increases the total equity base of the company while maintaining promoter commitment through the extended lock-in period.
Impact Justification
Routine listing of preferentially allotted shares to promoters with standard lock-in period; limited market impact as shares are locked until June 2027